Blumka Bryant CPAs LLC

Some important information from the Treasury about the launch of the beneficial ownership registry.

U.S. Beneficial Ownership Information Registry Now Accepting Reports Existing Companies Have One Year to File; New Companies Must File Within 90 Days of Creation or RegistrationWASHINGTON – Today, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) began accepting beneficial ownership information reports. The bipartisan Corporate T...

Congratulations to the Texas Rangers and all of Dallas-Fort Worth!

Congratulations to Ron, Father of the Bride 8/19/23!

We are excited to announce that Brett Hutchins is joining Blumka Bryant CPAs as a Tax Associate. Brett recently completed his Masters in Accounting from Western Governors University and has begun the process of obtaining his CPA license. We wish him luck in this endeavor and we are glad to have him on the team!

5 Tax Moves to Consider Before Year-End - NerdWallet A few last-minute moves — like tax-loss harvesting and boosting contributions to your retirement plan — could make a big difference come April.

Free business advice.

Happy International Accounting Day! November 10 was designated International Accounting Day after the 1494 publication date of Fra Luca Bartolomeo de Pacioli’s mathematics book Summa de arithmetica. Pacioli (pictured below) was an Italian mathematician and is considered to be the "The Father of Accounting and Bookkeeping" by many. He wrote about the double-entry bookkeeping system that was used by Italian merchants at the time. His book was used internationally as an accounting textbook up to the mid-16th century.

IRS provides tax inflation adjustments for tax year 2023 | Internal Revenue Service IR-2022-182, October 18, 2022 — The Internal Revenue Service today announced the tax year 2023 annual inflation adjustments for more than 60 tax provisions, including the tax rate schedules and other tax changes. Revenue Procedure 2022-38 provides details about these annual adjustments.

Happy Friday!

National Taxpayer Advocate issues midyear report to Congress; expresses concern about continued refund delays and poor taxpayer service | Internal Revenue Service IR-2022-129, June 22, 2022 — National Taxpayer Advocate Erin M. Collins today released her statutorily mandated midyear report to Congress. The report expresses concern about continuing delays in the processing of paper-filed tax returns and the consequent impact on taxpayer refunds.